IAmSatoshi
Long

Possible Cup & Handle

POLONIEX:ETHBTC   Ethereum / Bitcoin
2 months ago
C+H is usually a sign of bullish continuation and NOT at the end of a downtrend.

However, this still may play out as a C+H would. Reversal/Continuation patterns do rarely emerge in reverse.

Long @ break of 0.764 fib
2 months ago
Comment:
snapshot
2 months ago
Trade closed: target reached: C+H took a while to play out, but it played out

Related Ideas

alexEnShort PRO
2 months ago
a cup and handle must be preceded by a 30% rise minimum to be valid...
do your homework. you should sell the top of this dead cat bouce before it's too laye
Just my opinion, good luck
Reply
IAmSatoshi alexEnShort
2 months ago
"C+H is usually a sign of bullish continuation and NOT at the end of a downtrend.

However, this still may play out as a C+H would. Reversal/Continuation patterns do rarely emerge in reverse. "
Reply
alexEnShort PRO IAmSatoshi
2 months ago
Yes good luck with ether, I am very bearish despite devcon2...might open a long next week, meanwhile I am riding xmr.
Good luck
Reply
IAmSatoshi alexEnShort
2 months ago
Patterns can emerge as a signal of bullish/bearish continuation vs reversal

Here's a H+S on an oil downtrend
snapshot
Reply
IAmSatoshi alexEnShort
2 months ago
Pre breakdown chart
https://twitter.com/CarpeNoctom/status/668630817099407360
Reply
speedmax
2 months ago
Haters going to hate. Well done mate. You reached target with plenty of upside to go.
+1 Reply
alexEnShort PRO
2 months ago
It finally worked out very well for you! congrats :)
Reply
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